Which of the Following Goods Would Usually See the Largest

question 128

Multiple Choice

Which of the following goods would usually see the largest decline in demand during a recession?

• A)cars
• B)food
• C)clothing
• D)hair cuts

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Definitions:

Guilds

Associations of artisans or merchants who control the practice of their craft in a particular town, historically important in the Middle Ages.

Domestic Networks

Systems or structures within a country that connect individuals and entities for various purposes, such as communication, transportation, or support.

Hundred Years' War

A prolonged series of conflicts from 1337 to 1453 between England and France, marked by several periods of warfare and truces.